Mortgage lender · Claremore, OK · LEI 2549007W5PWUV8XG3V90

RCB Bank review: approval odds, rates and grade (2025)

RCB Bank earns a B, better than most small mortgage lenders. It turned down 9.7% of the applications it decided on in 2025, which ranks in the 50th percentile for approval odds. Its median loan was priced 0.06 points above the average prime offer rate, ranking in the 76th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

835Applications2025
73.3%Originatedof applications
9.7%Decision denial ratenational 22.6%
6.41%Median ratenational 6.63%
$138MLoan volume7 states

RCB Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

8.0%Denial rate (all applications)-9.96 pts vs national
9.7%Denial rate (decided applications)-12.91 pts vs national
73.3%Origination rate+15.26 pts vs national
15.6%Withdrawn by applicant
1.6%Closed for incompleteness
6.41%Median interest rate-0.21 pts vs national
0.06Median rate spread (pts over APOR)-0.19 pts vs national
$175,000Median loan amount
$4,346Median total loan costs
$99kMedian applicant income
75%Median loan-to-value
1High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

50th9.7% denied

Pricingmedian rate spread over APOR, weight 30%

76th0.06 pts

Processwithdrawn + incomplete share, weight 15%

28th17.1%

Closing coststotal loan costs ÷ loan amount, weight 10%

30th2.48% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202392364314.1%16.5%6.38%$136M
202484660310.3%12.4%6.50%$122M
20258356128.0%9.7%6.41%$138M

What RCB Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 504 60% · 5.2% denied
Refinance 93 11% · 10.8% denied
Cash-out refinance 120 14% · 15.0% denied
Home improvement 76 9% · 11.8% denied
Other / HELOC 42 5% · 9.5% denied

By loan type

Conventional 725 87% · 7.5% denied
FHA 86 10% · 14.0% denied
VA 16 2% · 6.3% denied
USDA / RHS 8 1% · 0.0% denied

Also: 5 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 137 investment properties.

Why RCB Bank denies applications

Primary reason reported for each of the 67 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 36 54%
Credit history 20 30%
Collateral 4 6%
Other 3 4%
Insufficient cash 2 3%
Unverifiable information 1 1%
Employment history 1 1%

How these reasons compare nationally →

Who gets approved at RCB Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k1055727.5%
$50k – $100k26118211.4%
$100k – $150k1731257.9%
$150k – $250k119934.1%
Over $250k73581.6%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2545387.1%
25–341561079.8%
35–441429712.8%
45–5414810910.6%
55–641167913.0%
65–7492679.3%
Over 7449325.9%

Where RCB Bank lends

7 states and 49 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Oklahoma6764887.8%6.38%#51
Kansas1511178.6%6.50%#127

Frequently asked questions

RCB Bank denied 9.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 50th percentile of small mortgage lenders.

The most common reason RCB Bank gave in 2025 was "debt-to-income ratio", cited on 53.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans RCB Bank originated in 2025 was 6.41%, and its median rate spread over the average prime offer rate was 0.06 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 60% of its applications were for home purchases, 26% for refinancing (including cash-out), and 14% for home improvement or other purposes. By loan type: 87% conventional, 10% FHA, 2% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with RCB Bank. Data sources · Methodology